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UCL Urban Laboratory

UCL Urban Laboratory

exploring new methods of urban research across disciplinary boundaries

UCL Urban Laboratory

critical, independent, rigorous and original scholarship on cities

UCL Urban Laboratory

leading urban debate and the design and planning
of contemporary cities

UCL Urban Laboratory

engaging with London and its communities

UCL Urban Laboratory

developing international networks and
comparisons in urban research and action

UCL Urban Laboratory

drawing on UCL’s heritage of pioneering
urbanism

UCL Urban Laboratory

critical and creative urban thinking, teaching, research, practice

Hoe Street Community Bank opens in Walthamstow

12 March 2018

UCL Urban Laboratory is pleased to be supporting a project in the north London suburb of
Walthamstow this month. Hoe Street Central Bank will be the centre of an act
of citizen money creation and a programme of events on finance, debt and
the search for economic alternatives that work more in the public’s
favour.

Local people of all ages and backgrounds will work with artist Hilary
Powell, printmaker Spike Gascoigne and designer Phil Seddon to print
£50,000 worth of Bank Job currency in just fourteen days. In place of
the Queen, leaders of the local foodbank, homeless kitchen, youth
project and primary school grace HSCB banknotes. As they are exchanged
for pound sterling they will raise money for each banknote cause and the
HSCB debt abolition fund – enabling the purchase and literal explosion
of 1 million pounds worth of local predatory debt.

Engaging people in a collective act of printing money and abolishing
local debt in a former high street bank is a provocative start to a
timely conversation about economic justice and education. A programme of
‘Money Talks’ ranging from crypto currencies and good credit to debt
and democracy brings together big name pundits with local action groups
at HSCB.

HSCB is open daily from 11am - 5pm and during evening events until Sunday 25 March 2018, and is supported by Waltham Forest Council, Indycube, Lipman-Miliband
Foundation, Raymond Williams Foundation, and UCL Urban Laboratory.